G S Auto International Limited has finalized the basis of allotment for its rights issue, which opened for subscription on Tuesday, June 02, 2026, and closed on Wednesday, June 10, 2026. The company allotted 2,90,29,160 Partly-Paid Up Equity Shares on June 11, 2026, at a price of ₹10 each. The issue was conducted in the ratio of 2 Rights Equity Shares for every 1 fully paid-up Equity Share held on the record date of Friday, May 22, 2026. The credit of Equity Shares to demat accounts is expected on or about Friday, June 12, 2026, with trading on BSE commencing on or about Monday, June 15, 2026.

Following the allotment, the company disclosed significant changes in the shareholding of its promoters. Harkirat Singh Ryait, Promoter & Executive Director, acquired 87,72,835 shares via the rights issue, increasing his total holding to 87,77,835 shares, representing 20.16% of the company's equity. Jasbir Singh Ryait, Promoter & Managing Director, acquired 41,97,879 shares, raising his stake to 47,78,429 shares (10.97%). Dalvinder Kaur Ryait, Promoter & Executive Director, acquired 10,00,000 shares, taking her total holding to 11,44,860 shares (2.63%). These transactions were intimated to the company on June 15, 2026.

Allotment Details

The table below details the allocation of shares across applicant categories:

The rights entitlements were extinguished following the closure of the subscription period. The issue was conducted in compliance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the SEBI Master Circular bearing reference number HO/49/14(14)/2026-CFD-P022/4518/2026, dated February 09, 2026. Skyline Financial Services Private Limited acted as the Registrar to the Issue.

G.S. Auto International Limited reported a net profit of ₹391.94 lakh for the financial year ended March 31, 2026, a significant increase from ₹122.60 lakh in the previous year. Total income from operations for the year stood at ₹15062.26 lakh, up from ₹14333.90 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹190.94 lakh, compared to a loss of ₹11.80 lakh in the same period last year.

The Board of Directors approved the audited financial results at a meeting held on May 30, 2026. The results have also been reviewed by the Statutory Auditor. The company operates in a single business segment, "Auto Components," with sales substantially concentrated in the domestic market.

Financial Performance

The company's earnings per share (EPS) for FY26 stood at ₹2.34, up from ₹0.98 in the previous year. For the quarter ended March 31, 2026, the EPS was reported at ₹0.96. Equity share capital remained constant at ₹725.73 lakh throughout the periods reported.

Key Financial Metrics

The figures for the last quarter are balancing figures derived from the audited full-year results and the published year-to-date figures up to the third quarter of the current financial year. Previous period figures have been regrouped and reclassified where necessary.